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Hotel-Motel

Candlewood Suites Fort Collins

314 Pavilion Ln, Fort Collins, CO 80525

Listing Price: $11,000,000

Cap Rate
8.00%
Number of Rooms
83
RevPAR
$92
Gross SF
50,130
Price/Room
$132,530
RRM
4.40
Price/Gross SF
$219.43
Year Built
2014

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Candlewood Suites Fort Collins, located in Fort Collins, Colorado. This property is a 3-story, interior corridor extended-stay hotel with 83 rooms, all units are equipped with full kitchenettes to service the extended-stay clientele

Candlewood Suites offers a prime location near I-25, Colorado State University, and the Fort Collins/Loveland Airport, making it an ideal choice for travelers. Situated in the heart of Fort Collins, guests will discover one of America's best-kept secrets. Known for its wide range of outdoor activities, vibrant shopping, dining, and arts scene, Fort Collins has earned recognition from Forbes Magazine as the second best place for business and careers. Staying at Candlewood Suites gives guests easy access to all of these attractions. Just a short drive away, visitors can enjoy hiking at Horsetooth Reservoir, whitewater rafting, or fishing in the Poudre River. They can also explore the unique shops and restaurants of historic Old Town, and experience the local breweries Fort Collins is famous for. Nearby, major employers such as Hewlett Packard, Poudre Valley Hospital, Intel, Banner, State Farm, Avago, and Foothills Shopping Center are within reach. Whether for business, leisure, or relocation, Candlewood Suites provides a comfortable and convenient home base. With fully equipped kitchens, flat-screen TVs, and free on-site laundry, the property offers an excellent alternative to corporate housing and a great option for both extended stays and short visits.

Investment Highlights

  • 83 Key IHG Branded Extended Stay Hotel – All units equip with full kitchenettes to service extended stay clientele
  • Positive RevPAR growth year over year for the past 4 years
  • Outcompeted the property's Comp Set in RevPAR since 2022
  • No new hotels are currently under development within Fort Collins
  • Located off US-287 which sees over 40,000 vehicles per day
  • Strong in-place debt coverage ratio which allows for SBA or Conventional financing
  • Fort Collins is home to Fort Collins / Loveland Airport, which is serviced by United Airlines and only an hour away from Denver International Airport

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Hotel-Motel

Candlewood Suites Fort Collins

Listing Price: $11,000,000

Cap Rate
8.00%
Number of Rooms
83
RevPAR
$92
Gross SF
50,130
Price/Room
$132,530
RRM
4.40
Price/Gross SF
$219.43
Year Built
2014

Investment Highlights

  • 83 Key IHG Branded Extended Stay Hotel – All units equip with full kitchenettes to service extended stay clientele
  • Positive RevPAR growth year over year for the past 4 years
  • Outcompeted the property's Comp Set in RevPAR since 2022
  • No new hotels are currently under development within Fort Collins
  • Located off US-287 which sees over 40,000 vehicles per day
  • Strong in-place debt coverage ratio which allows for SBA or Conventional financing
  • Fort Collins is home to Fort Collins / Loveland Airport, which is serviced by United Airlines and only an hour away from Denver International Airport

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Candlewood Suites Fort Collins, located in Fort Collins, Colorado. This property is a 3-story, interior corridor extended-stay hotel with 83 rooms, all units are equipped with full kitchenettes to service the extended-stay clientele Candlewood Suites offers a prime location near I-25, Colorado State University, and the Fort Collins/Loveland Airport, making it an ideal choice for travelers. Situated in the heart of Fort Collins, guests will discover one of America's best-kept secrets. Known for its wide range of outdoor activities, vibrant shopping, dining, and arts scene, Fort Collins has earned recognition from Forbes Magazine as the second best place for business and careers. Staying at Candlewood Suites gives guests easy access to all of these attractions. Just a short drive away, visitors can enjoy hiking at Horsetooth Reservoir, whitewater rafting, or fishing in the Poudre River. They can also explore the unique shops and restaurants of historic Old Town, and experience the local breweries Fort Collins is famous for. Nearby, major employers such as Hewlett Packard, Poudre Valley Hospital, Intel, Banner, State Farm, Avago, and Foothills Shopping Center are within reach. Whether for business, leisure, or relocation, Candlewood Suites provides a comfortable and convenient home base. With fully equipped kitchens, flat-screen TVs, and free on-site laundry, the property offers an excellent alternative to corporate housing and a great option for both extended stays and short visits.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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